Nia Impact Advisors LLC Acquires 10,958 Shares of Mueller Water Products, Inc. (NYSE:MWA)

Nia Impact Advisors LLC lifted its stake in shares of Mueller Water Products, Inc. (NYSE:MWA - Free Report) by 9.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 132,174 shares of the industrial products company's stock after purchasing an additional 10,958 shares during the period. Nia Impact Advisors LLC owned about 0.08% of Mueller Water Products worth $2,974,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of MWA. Barclays PLC boosted its stake in shares of Mueller Water Products by 361.6% in the third quarter. Barclays PLC now owns 266,155 shares of the industrial products company's stock worth $5,775,000 after acquiring an additional 208,502 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Mueller Water Products during the 4th quarter valued at about $146,000. Blue Trust Inc. grew its stake in Mueller Water Products by 87.4% during the 4th quarter. Blue Trust Inc. now owns 9,167 shares of the industrial products company's stock valued at $199,000 after acquiring an additional 4,275 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new stake in Mueller Water Products during the 4th quarter valued at about $1,573,000. Finally, R Squared Ltd purchased a new stake in shares of Mueller Water Products in the 4th quarter valued at approximately $100,000. Hedge funds and other institutional investors own 91.68% of the company's stock.

Mueller Water Products Trading Down 0.6%

Shares of Mueller Water Products stock traded down $0.14 during trading on Monday, hitting $25.48. The stock had a trading volume of 153,162 shares, compared to its average volume of 1,571,703. The company has a quick ratio of 2.38, a current ratio of 3.83 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $3.99 billion, a PE ratio of 29.58, a P/E/G ratio of 1.43 and a beta of 1.24. The stock has a 50 day simple moving average of $25.62 and a 200 day simple moving average of $24.79. Mueller Water Products, Inc. has a 1 year low of $17.09 and a 1 year high of $28.58.

Mueller Water Products (NYSE:MWA - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The industrial products company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.02. The company had revenue of $364.30 million for the quarter, compared to analyst estimates of $352.30 million. Mueller Water Products had a net margin of 10.05% and a return on equity of 21.18%. The company's quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.30 earnings per share. On average, research analysts expect that Mueller Water Products, Inc. will post 1.24 EPS for the current fiscal year.

Mueller Water Products Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Monday, May 12th will be issued a dividend of $0.067 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.27 annualized dividend and a yield of 1.05%. Mueller Water Products's dividend payout ratio is currently 28.57%.

Insiders Place Their Bets

In related news, Director Brian C. Healy acquired 1,085 shares of the business's stock in a transaction dated Friday, May 16th. The stock was bought at an average price of $25.32 per share, with a total value of $27,472.20. Following the acquisition, the director now owns 14,620 shares in the company, valued at $370,178.40. This represents a 8.02% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lydia W. Thomas sold 17,092 shares of Mueller Water Products stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $26.77, for a total value of $457,552.84. Following the sale, the director now directly owns 126,689 shares of the company's stock, valued at $3,391,464.53. This represents a 11.89% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 35,600 shares of company stock valued at $914,076. 1.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on MWA shares. Royal Bank of Canada increased their price objective on shares of Mueller Water Products from $25.00 to $29.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 6th. The Goldman Sachs Group increased their target price on shares of Mueller Water Products from $26.00 to $29.00 and gave the stock a "neutral" rating in a report on Thursday, February 6th. Finally, StockNews.com lowered shares of Mueller Water Products from a "buy" rating to a "hold" rating in a report on Thursday, April 3rd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Mueller Water Products currently has a consensus rating of "Hold" and an average target price of $26.25.

Mueller Water Products Company Profile

Mueller Water Products, Inc manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions.